Euraud Analysis from 21-02-2022This is an analysis of Euraud highlighting supply and demand zones, advanced price action, resistance and support levels and my very own trick statistics approach to the market. As shown in the screenshot, Price is approaching a weekly demand zone from a supply zone having broken a support level marked by the moving average which acts as a dynamic support and resistance level. We should expect price to make a pull back testing the previous support level now turn resistance and fall to the demand zone. Fundamentally, with unchanged interests rates from the EURO zone and lower than expected trade balance coupled with the lower retail sale report, i would be risking a short on Euro against the Aud. Sentimentally...
Let us go take some risk, let us go make some money
Howtomakemoneyonline
GbpUsd Analysis for 07-02-2022This is an analysis of GbpUsd for the coming week. Technically, Gbpusd has been in an overall downtrend printing lower highs and lower highs on the charts. recently, the price made a lower high from a demand area as shown on the chart approaching a resistance level as the BOE increased interests rates from the fundamental stand point. Irrespective of the rates increase, the figures reported was as expected, although, there are whispers that the BOE may still increase rates before the end of 2022 . However, the bull run was brought to a halt as the NFP reports from the US was released. the reports indicates a stronger USD hence signifying bearish opportunities for GbpUsd . Sentimentally...
Let's go take some risks, let's go make some money.
Pi Cycle Indicator From ScratchHi traders!
As you know, BTC has made all time high not so far ago. That’s why we decided to tell you about one of the most powerful indicators that helps traders to recognize the market reverse after peaking. Well, today we’ll speak Pi Cycle Top Indicator .
The indicator consists of two Moving averages: 350DMA*2 and 111DMA. In fact, 350/111=3,153 which is really close to Pi=3,142. Probably, it demonstrates the cyclicality of Bitcoin. Moreover, it is confirmed by last 3 cycles of BTC market and all times the indicator gave a signal, trend reversed.
How to work with Pi Cycle indicator?
When the 111 moving average reaches the 350DMA*2 it means that BTC is on its peak and it’s time to quit the position.
However, we’d advice you to use it with other indicators and oscillators, to look for the trend reverse or continuation patterns and so on.
DISCLAMER : Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
USDJPY Get down you dirty dog! #bitchbetterhavemymoneySo USDJPY has been grinding down the price levels for some time now, here is a simple profitable set up for a further short scenario.
Take a Short from here and hold. 101 is my personal target profit take and I suggest if you follow that you do the same. My stop is set at 106.600
Time duration of the trade I would expect to be no longer than two weeks at most. Good luck if you take it on. Let me know with some feedback and banter.